Mingjie: Pay close attention to the Fed's interest rate decision at night!!!

CN
1 year ago

Let's review the recent trend of Bitcoin. Yesterday, Bitcoin stabilized near 26600 and then rose to around 27500 during the day. It made two intraday advances but did not break through this high. Currently, it is in a retracement phase, with the price around 27100, which has formed support at this level.

In the morning, Mingjie also provided a strategy for layout with a focus on retracement. The retracement has already occurred and support has been formed at the bottom of this upward channel. If the support holds, there will be another rise. From the four-hour perspective, the Bollinger Bands show an upward trend. Currently, the candlestick has moved from the upper band to near the middle band. The intraday strategy remains unchanged, with a focus on long positions at lower levels.

Bitcoin strategy: Go long directly around 27000, with a target near 27400.

Ethereum strategy: Long near 1630, with a target near 1650.

For more details, follow Mingjie's official account.

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